Hybrid 401 (K) Specialist at DecisionHR

DecisionHR is a Professional Employer Organization (PEO) located in St Petersburg, FL. Since our inception in 1996, we have empowered our clients with industry-leading human resource solutions they need to drive their business. We assist our clients in the areas of payroll, worker’s compensation, human resources, and benefits. We remove the administrative burden of running their business and allow our clients to focus on their revenue-producing activities. Our goal is to deliver customizable, practical workforce solutions that increase profits, reduce costs and liability, and attract, develop, and retain long-term employees.

Our Core values include:

Collaboration: working together is critical to achieving organizational goals.

Innovation: growth happens when we can absorb and implement new ideas that provide unique solutions and superior customer service.

Performance: we believe in providing our employees with the tools and support they need to grow, succeed, and make an impact.

Social Responsibility: we place charity and volunteer work at the core of our organization.

Trust: we build and maintain trust with our employees and clients by embodying integrity, transparency, and ‘doing the right thing.’ 

Company Value Statements

In the performance of their respective tasks and duties, all employees are expected to demonstrate the following:

• Acting with the highest level of honesty, trust, character, and transparency.
• Making a unified effort to achieve the goals of the organization; embracing accountability for exceptional performance every day.
• Commitment to excellence in reaching our full potential as individuals and as an organization, surpassing the ordinary and the expectations of our stakeholders.
• Approaching every challenge with creative energy, discovering unique solutions to maximize success; focus on creating and delivering compelling customer value.
• Belief in the power of a diverse workforce and in creating a positive impact on both the environment and our community

Job Overview:

The 401(k) Specialist plays a crucial role in the management and administration of employer-sponsored retirement plans, ensuring compliance with federal regulations and supporting clients in implementing timely retirement decisions. This role requires strong knowledge of retirement plan structure, customer service, and financial acumen to help plan participants maximize their retirement savings.

Key Responsibilities:

• Plan Administration:
  • Oversee the day-to-day administration of the company’s 401(k) plan.
  • Ensure compliance by actively working with financial advisors or third-party administrators regarding retirement plans.
  • Manage plan documents, and amendments, and ensure timely plan audits and nondiscrimination testing.
  • Coordinate and process plan contributions, rollovers, distributions, and loans.
• Employee Support:
  • Act as the primary point of contact for clients, employees, financial advisors, and third-party administrators regarding 401(k) plans.
  • Assist employees in enrolling in the plan, updating personal information, and resolving any issues.
• Financial Management:
  • Work with financial advisors or third-party administrators to manage the plan.
  • Review and reconcile financial statements for the 401(k) plan.

Qualifications:

• Bachelor’s degree in accounting or similar in a related field.
• 2-4 years of experience in retirement plan administration, specifically 401(k) plans.
• Experience with retirement plan software and tools.
• Excellent communication and interpersonal skills.
• Strong analytical and problem-solving abilities.

Preferred Skills:

• Experience working with third-party administrators and financial advisors.
• Certification such as Certified Retirement Services Professional (CRSP) or Qualified 401(k) Administrator (QKA) is a plus.
• Familiarity with payroll systems and employee benefits administration.

The preceding position description has been designed to indicate the general nature of the work performed; the level of knowledge and skills typically required; and the usual working conditions of this position. It is not designed to contain or be interpreted as a comprehensive, complete, or exclusive list of the duties of the position. Additional and different duties may be assigned from time to time. We are an E-Verify company.